# PPP loan: MAXWELL INDUSTRIES LLC
> **$438K** approved 04/13/2020 · Paid in Full · Loan `5420657109`
## Borrower
- **Name:** MAXWELL INDUSTRIES LLC
- **Address:** 203 HICKS ST, ATHENS, TN, 37303-4315
- **NAICS:** 332912
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $441K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Rent:** $22K
- **Utilities:** $5K
- **Jobs reported:** 52
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*